"Increasing Infrastructural Development to Boost the Crawler Camera Systems Market"
The crawler camera systems market worldwide is expected to grow with a CAGR of 6.70% during the forecast period from 2019 to 2027. Crawler camera systems market is expected to witness tremendous growth in the near future due to rise in industrialization and growth in infrastructure development. The adoption of crawler camera systems has increased due to their faster and efficient pipeline inspections. Crawler camera systems have various advantages such as comfortable grip, lightweight and robust, which make their access to any remote location easily. To control the error percentage and to enhance the security levels, municipalities are using crawler camera systems, across the globe. Therefore, we are expecting huge growth in the crawler camera systems market during the forecast period.
Market Synopsis
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"Municipal to Continue as the Market Leader"
Municipal segment holds the highest market share in the crawler camera systems market with more than 1/3rd of the market revenue, as of 2018. Crawler camera systems are highly used by municipal corporations worldwide, due to incomparable performance of these cameras. Further, crawler cameras systems provide information on the condition of, pipe faults, separated pipe joins, leaks, blockages and other defects. As a result of these factors, we are expecting that municipal segment will continue to grow throughout the forecast period. Moreover, crawler cameras systems are being used by various industries includes oil refineries, oil pipeline transmissions, gas distribution networks and others.
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"North America to Continue as the Market Leader"
In 2018, North America is the leader in crawler camera systems market with more than 1/3rd of the market share followed by Europe. Availability of developed infrastructure, constantly expanding cities and adoption of new technologies are the major factors responsible for the dominance of North America. On account of these factors, we are expecting a huge growth in the North America region throughout the forecast period. Asia Pacific region is estimated to expand with the maximum CAGR during the forecast period due to huge investments for infrastructure development in developing economies such as India and China.
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Some of the prominent players operating in the crawler camera systems market include SPX Corporation (Cues, Inc.), Deep Trekker Inc., Inuktun Services Ltd., AM Industrial (UK) Ltd., iPEK International GmbH, Mini-Cam Ltd, Rausch Electronics USA LLC, Subsite Electronics, INSPECTOR SYSTEMS Rainer Hitzel GmbH and others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The crawler camera systems market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global crawler camera systems market based on application, end-use and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Million |
| Segmentation |
Application (2019–2027; US$ Mn)
• Drain Inspection
• Pipeline Inspection
• Tank, Void, Cavity or Conduit Inspection
|
|
End-Use (2019–2027; US$ Mn)
• Industrial
• Municipal
• Residential
• Commercial
|
|
Geography Segment (2019–2027; US$ Mn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of crawler camera systems in 2018 and forecast up to 2027?
- Which is the largest regional market for crawler camera systems?
- What are the major trends followed in overall crawler camera systems across different regions?
- What are the key market trends and high-growth opportunities observed in the crawler camera systems market?
- What are the drivers of the crawler camera systems market?
- Who are the key crawler camera systems companies leading the market?
- What are the key strategies adopted by the leading crawler camera systems companies in market?
Unique data points of this report
- Statistics on sewer inspection camera systems worldwide
- Recent trends across different regions in terms of adoption of crawler camera systems
- Notable developments going on in the crawler camera systems industry
- Attractive investment proposition for crawler camera systems segment as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
